How to conclude there is no relationship between variables

Assignment Help Basic Statistics
Reference no: EM13130339

A statistics student computes the correlation between two variables in her spreadsheet, and finds r = 0.06. She decides to conclude there is no relationship between the variables. Was she correct?

Reference no: EM13130339

Questions Cloud

Base-ten place-value system : Describe an approach to teaching the base-ten place-value system that incorporates the use of fractions and percentages. For example, consider how you could show your students single popsicle sticks, popsicle sticks bundled in tens, popsicle stick..
Calculate the materials quantity variance for the period : Sand Soap Company management is analyzing the company's standard cost variances for direct materials for the most recent period. The following information was available from company records.
Illustrate what is the corporation tax basis in property : The corporation assumed a liability of $50 on the property transferred. Illustrate what is the corporation's tax basis in the property received in the exchange?
Plant efficiency and capacity : If a plant was designed to produce 7,000 hammers per day but is limited to making 6,000 hammers per day because of time needed to change equipment between styles of hammers, what is the utilization? Format as xx.x% (include the % sign.)
How to conclude there is no relationship between variables : Two variables in her spreadsheet, and finds r = 0.06. She decides to conclude there is no relationship between the variables. Was she correct?
Tax basis or at-risk amount : During the year, ABC LP generated a ($90,000) loss. How much of Sue's loss is disallowed due to her tax basis or at-risk amount?
Draw the graph of the nrz-l scheme : Draw the graph of the NRZ-L scheme using each of the following data streams,assuming that the last signa11evel has been positive. From the graphs, guess thebandwidth for this scheme using the average number of changes in the signal level.
Determine which single factor carries the most weight : Analyze the factors involved in translating the statements of a foreign entity operating in a highly inflationary economy and determine which single factor carries the most weight. Explain your rationale.
Illustrate what is antoine tax basis in the stock receive : The corporation assumed a liability of $50 on the property transferred. Illustrate what is Antoine's tax basis in the stock received in the exchange?

Reviews

Write a Review

 

Basic Statistics Questions & Answers

  Normal distribution and z-value

What is a normal distribution? What is a Z-Value? Can you provide and example of how they relate?

  Determining difference in variances

A sample of 25 concession stand purchases at the October 22 matinee of Bride of Chucky showed a mean purchase of $5.29 with a standard deviation of $2.78.

  Knowledge regarding test of hypothesis

Health care reform was one of the major platforms of the Clinton campaign in 1992 and one of the top priorities of his new administration in 1993.

  Important information regarding parameters

Acme plumbing supply just received a shipment of 5,000 stainless steel valves, but 50 regular steel valves were also sent. There is no way to tell the difference between the valves.

  Determining margin of error

Determine the margin of error that corresponds to the given values of n (times) and x (successes) and the degree of confidence: n=1400, x=420, 95%. Go 3 decimal places of precision.

  Plot data on us general aviation

Plot the data on U.S. general aviation shipments (b) Describe the patterns and discuss possible causes.(c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992-2003 only.

  Create testable null statistical hypothesis

Generate a testable null statistical hypothesis and an alternative statistical hypothesis. Select an alpha level of .05, .01, or .001 and justify your choice.

  Using dissimilarity between two means

While purchasing a home, location is everything. As a buyer, one should be aware of the cost of living in the area of choice, as well as expect a higher cost the closer to the center of town you get.

  Determine the probability that adult owns stock

Determine the probability that adult owns stock and has some college education? Determine the probability that adult owns stock or has some college education?

  Determine kruskal-wallis

A researcher wants to know if there is a relationship between a person's highest level of education (IV) and differences in life satisfaction (DV).

  Determining two way analysis of variance

I want to see two methods are the significantly same or not. Each methods has 5 variables are inside. so I would like to see each 5 variables from methods A and B are significantly the same and overall the two methods are significantly same or not..

  Determining solution using gauss-jordan method

Use Gauss-Jordan method to determine solution to following system of equations?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd